Prior to the purchase agreement, Topcon was one of Destura’s largest customers. The company is best known for its Telepass toll-road payment system, and its work with Ferrari and Maserati in manufacturing engine test computers.

Ray O’Connor, TPS president and CEO, said, “Our business relationship with Destura proved the company was an excellent provider of services and products to the telematics, vehicle and electronics industries. This agreement to purchase the company shows our commitment to help grow the business, and strengthen our position in the telematics and controls market.”

Roberto Botti, one of the founders of Destura, said, “We look forward to continuing our strong working relationship with Topcon. This agreement provides our company a strong partner in the global marketplace for the unique software and hardware developed by our engineers.”